Homebuyers and sellers alike think now’s good time to act

by | Sep 15, 2021 | Blog

Earlier this year, the economy seemed to lift off. Then, things slowed and consumer confidence waned.

That confidence, however, is making a comeback in real estate.

According to a new survey, homebuyers gained renewed confidence in the month of August following a small lull in the previous month.

The number of respondents who said now was a good time to buy a home increased by 28%. And those who said it wasn’t a wise time to purchase a home fell by 3%.

Optimistic homebuyers were matched in sentiment by homeowners, 73% of whom agreed that now is an ideal time to hit the market and sell property.

Along with the positive consumer sentiment about buying or selling a home, the survey also found other positives with respect to interest rates. Consumers believe that interest rates will remain low and affordable in the coming months.

Consumers’ expectations about income and job security also show a good dose of optimism, with more than 82% saying they felt confident about their current jobs.

The survey also asked people about their thoughts on home pricing. About 46% said they believe prices would continue on their current trajectory over the next 12 months.

If your confidence about buying a home is in agreement with current sentiment, you can reach out to us to learn more about the opportunities in Boise. We’re also happy to tell you what makes this region a wonderful place to call home.

Our loan experts will simplify the home-buying process and match you up with a loan program that makes sense and meets your financial goals. This will give you the confidence you need to enter the market head first and make a big splash.

The market remains competitive and filled with people such as yourself who are ready to settle down and officially call Boise their forever home. We can’t wait to partner with you on your home-buying journey. We’ll do everything we can to make sure you stand out in today’s market so that you land the home of your dreams.

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